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The Nexus
BUSINESSAug 7 · 05:11 UTCBLOOMBERGStephan Kahl

Allianz Profit Hits Record as Pimco Sees €32 Billion in Inflows

Allianz SE generated record second-quarter profit due to strong results across its insurance and asset management businesses. Additionally, the bond manager Pacific Investment Management Co., known as Pimco, reported substantial inflows of €32 billion.

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